Barnes became CEO in 2005 and led a major restructuring at Sara Lee. She suffered a stroke earlier this year, prompting her to abruptly take medical leave.
Sara Lee said CFO Marcel Smits will continue as interim CEO, and Mark Garvey will continue as interim CFO.
Barnes has also resigned from Sara Lee’s board of directors and will not stand for re-election at the company’s 2010 annual stockholders meeting in October, the company said.
Source: Reuters/Automated Trader
© FoodBev Media Ltd 2024